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The Future of Downtown San Diego Real Estate
Selection of condos available for sale in Downtown San Diego will continue to be tight. As of early 2018 about 3% of the total condo market is up for sale (roughly 325 for sale out of 10,750 total condos). One new high rise condo was completed in 2018 (Pacific Gate) and another new tower (Savina) will be completed in 2019. The next new condo building will be completed some time after 2020, as it has not started yet.
For sale inventory will begin to shrink as we get into the fall of 2019 as buyers run out of brand new condos to buy and current downtown owners will have resold their current condos as they move into the new building. The commercial development of the western waterfront will make the condos in the Columbia neighborhood more desirable. The California Association of Realtors is projecting average prices in the State to increase 3.1% in 2019, following a roughly 7.0 % increase in 2018. So much slower appreciation rates coming, usually if GDP is growing, prices are increasing. Downtown average prices were up only about 1% in 2018, hard to predict 2019, so many outside forces at play which can influence demand, but one thing is for sure, no more new inventory getting added after this year for several years.
Mortgage rates are trending up and the nations economy (GDP) and stock market are also trending up although erratically. Time will tell if the improving economy can create more housing demand than the rising interest rates can slow down.
Popular San Diego Neighborhoods
Newest Downtown San Diego Condos for Sale
Amazing 34th floor southwest facing corner unit with spectacular views! Newly remodeled with ultra premium materials, high-end appliances & custom designer finishes. With...
- 2 Beds
- 2 Baths
- 190027744 MLS
- Electra Bldg.
- ACTIVE Status
The Hard Rock Hotel is located in the heart of the Gaslamp District and across the street from the Convention Center. This unique property offers world class service, loc...
- 1 Baths
- 190027719 MLS
- Hard Rock Hotel Bldg.
- ACTIVE Status
This stunning 22nd floor condo will absolutely take your breath away! 3 bed/3 bath, 2 side-by-side parking spaces, custom motorized shades, separate storage unit, 2 balc...
- 3 Beds
- 3 Baths
- 190027659 MLS
- Aria Bldg.
- ACTIVE Status
Looking for water views of the bay, Coronado Bridge, Point Loma, and ocean beyond? This is it! Beautiful two bedroom, two bath, two side-by-side parking, Renaissance Nort...
- 2 Beds
- 2 Baths
- 190027547 MLS
- Renaissance Bldg.
- ACTIVE Status
BEAUTIFUL BAY VIEW! 1-BD Penthouse at Breeza. With only 4 residences on the (top) 9th floor; these highly desirable homes have never become available until now! Beautiful...
- 1 Beds
- 1 Baths
- 190027520 MLS
- Breeza Bldg.
- ACTIVE Status
Marina District - Top Floor! Large 1 Bedroom, private, quiet corner unit. The large master bedroom has no common walls and comfortably accommodates king size furniture. U...
- 1 Beds
- 1 Baths
- 190027514 MLS
- Marina Park Bldg.
- ACTIVE Status
Big Beautiful City Views from this exterior facing spacious single level condo. Check out the price per square foot! The generous floorplan boasts 3 large bedrooms and 2...
- 3 Beds
- 2 Baths
- 190027231 MLS
- Union Square Bldg.
- ACTIVE Status
Welcome to Treo #703. Completely Remodeled 2 bed/2 bath plus den corner unit in downtown San Diego's Columbia District (92101) Floorplan features single level, open conce...
- 2 Beds
- 3 Baths
- 190027449 MLS
- Treo Bldg.
- ACTIVE Status
Beautifully maintained 4th floor condo unit with amazing views in the rarely available community of Solara Lofts. This amazing contemporary property boasts an open floor...
- 1 Beds
- 1 Baths
- 190027356 MLS
- Solara Lofts Bldg.
- ACTIVE Status
Rare opportunity! This gorgeous, newly updated top-floor pied-à-terre presents a stunning lifestyle seldom found in a Downtown condo. Bright southeast exposure, soaring 1...
- 3 Beds
- 3 Baths
- 190027297 MLS
- Watermark Bldg.
- ACTIVE Status
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®,
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